Property Tax Accountants
for Chester Landlords
Maximise your rental yields and eliminate tax season stress. We manage your property accounting, HMRC compliance, and MTD transition in plain English.
Tailored Property Tax & Portfolio Solutions
Managing property income should not mean spending your weekends buried in spreadsheets. We ensure every allowable expense is claimed to maximise your returns, while keeping you strictly compliant with active HMRC rules.
Making Tax Digital (MTD)
- ✓ Turnover Thresholds: Complete support for landlords with qualifying property turnover over £50,000 (and £30,000 from April 2027).
- ✓ Digital Onboarding: Seamless software transition (clients retain 100% direct software licenses for direct data ownership).
- ✓ Quarterly HMRC Submissions: End-to-end management and filing of all four mandatory quarterly digital updates.
Property Tax Returns
- ✓ Accounts & Expenses: Meticulous preparation of your annual property accounts and allowable expense reviews.
- ✓ Self-Assessment (SA100): Accurate calculation and submission of your individual personal tax return.
- ✓ Deadline Protection: Guaranteed HMRC compliance so you never face late-filing fines or unexpected tax penalties.
Our Section 24 Strategy
- ✓ Mortgage Relief Limits: Strategic guidance on navigating Section 24 mortgage interest restrictions effectively.
- ✓ SPV Incorporation: Clear numerical analysis on the financial benefits of holding your portfolio in a Limited Company.
- ✓ Yield Maximisation: Smart structuring to protect net profits and enhance your overall portfolio rental yields.
Capital Gains & SDLT
- ✓ Proactive Planning: Expert tax structuring for buying, selling, or transferring rental properties within your portfolio.
- ✓ 60-Day CGT Filings: Accurate, highly efficient calculations and real-time 60-day HMRC disposal reports.
- ✓ Stamp Duty Optimisation: Precise Stamp Duty Land Tax (SDLT) calculations to ensure you never pay a penny more than legally owed.
How We Maximise Your Property Portfolio Yields
We specialise in helping landlords navigate the complex world of UK property tax with complete ease. Our proactive approach goes far beyond standard year-end compliance—we actively work to legally minimise your tax burden, safeguard your profits, and streamline your administrative workload.
Every Expense Claimed & Optimised
We rigorously review your rental ledgers and property records to ensure every single allowable expense is claimed, instantly reducing your annual property tax bill and unlocking cash flow.
- Maintenance & Repairs: Full deduction for ongoing property maintenance, gas/electrical safety checks (EICR), letting agent fees, and legal costs.
- Travel & Administrative Expenses: Full inclusion of business mileage for property inspections, landlord insurance, ground rent, and service charges.
- Replacement of Domestic Items: Strategic claims for replacing furniture, white goods, and appliances under HMRC’s specific landlord tax rules.
Section 24 Tax Strategy & SPVs
We navigate mortgage interest relief restrictions under Section 24, providing clear numerical calculations to evaluate whether holding properties in a Limited Company (SPV) structure saves you money.
- Personal vs. SPV Modelling: Direct financial comparison of Corporation Tax rates (19%–25%) versus higher-rate personal Income Tax restrictions.
- Tax-Efficient Wealth Extraction: Strategic advice on Director’s Loans, dividend planning, and reinvesting profits for portfolio expansion.
- Incorporation Planning: Specialist guidance on transferring existing portfolios to limit Stamp Duty (SDLT) and Capital Gains Tax (CGT) exposure.
Seamless MTD for ITSA Transition
We handle the complete switch to HMRC’s Making Tax Digital system on your behalf, managing all required quarterly updates so you never have to worry about missing digital deadlines.
- Quarterly Submission Handling: Full preparation and submission of all four mandatory quarterly digital updates plus your final annual declaration.
- Digital Record Alignment: Linking HMRC-approved software directly to your bank feeds while maintaining 100% legal data ownership.
- Complete Penalty Protection: Proactive deadline monitoring to ensure full audit protection and zero surprise late-filing fines.
Transparent, Fixed-Fee Landlord Packages
We believe expert property accounting should never come with surprise bills. Our transparent, fixed-fee monthly packages give you complete peace of mind, knowing your HMRC compliance, tax returns, and allowable expense claims are fully covered.
Whether you are managing a single buy-to-let, expanding a larger portfolio, or need our dedicated MTD Compliant package (specifically designed for landlords with a qualifying property turnover over £50,000 who must now legally comply with the active MTD mandate, and proactive investors over £30,000 preparing for the strict April 2027 rollout), choose the perfect tier for your property business below.
Maximize Net Rental Yields: Phillips & Co does not add 20% VAT to client fees. An Essential package costs you exactly £65/month out-of-pocket — saving landlords 20% every year compared to standard VAT-registered accountancy firms.
Essential
Core Landlord Compliance
- ✓ Annual Accounts for 1 to 2 rental properties
- ✓ One individual Self-Assessment tax return included
- ✓ Dedicated accountant & proactive reminders
- ✓ Full allowable property expense claim review
Portfolio
Growing Landlord Portfolios
- ✓ Annual Accounts for 3 to 5 rental properties
- ✓ Includes all features from Essential tier
- ✓ Integration with your direct software subscription
- ✓ Multi-property yield & expense apportionment
MTD Ready
Complete Digital Peace of Mind
- ✓ Includes all features from Portfolio tier
- ✓ Quarterly MTD update preparation & filings
- ✓ Integration with your direct software subscription
- ✓ Final annual tax declaration & audit protection
Important Package & Software Information
Standard packages cover up to 5 properties. For portfolios of 6 or more units, simply add +£15/month per additional property unit.
Fixed-fee compliance packages assume your property records and bank feeds are fully reconciled. If your records require significant clean-up, a one-off Bookkeeping Rescue fee will apply.
Cloud accounting software subscriptions (e.g., Xero) must be held directly by the client to guarantee 100% direct legal data ownership.
Standalone One-Off Property Services
Need help with a specific property transaction without ongoing monthly support?
60-Day Residential Property CGT Return
Sold a rental property? We calculate your Capital Gains Tax and file your mandatory 60-day HMRC disposal report to avoid strict late penalties.
Property SPV Limited Company Formation
Incorporation structured with exact lender-approved SIC codes for mortgage financing. Includes mandatory £100 Companies House fee.
Section 24 & SPV Tax Efficiency Review
A mathematically modeled review comparing personal holding vs. Limited Company SPV structures. 50% credited back (£125) if you join a monthly package.